Contemporary & Modern African Art: An Investable Alternative Asset Class? IN PARTNERSHIP WITH AVALIABLE FOR SPONSORSHIP

Modern and contemporary African art achieved record-breaking sales at some renowned auctions and private sales in the past 18 months. On the face of it, this reaffirms the growing awareness of modern and contemporary African art categories, as well as its appetite as an alternative asset class. However, there are growing concerns around the 'financialisation’ of African art. Artists and collectors are becoming concerned that the fundamental role (aesthetic enjoyment) of art is been overshadowed by the investment appeal. Also, fair pricing in an unregulated market is another issue coming the fore in the Africa art scene.

At a time when the need for increased returns on investment has propelled the alternative asset classes to centre stage, how can investors, collectors and asset managers implement and prosper from an unregulated market and unreported pricing? In an art market that is not a liquid one, how can African art retain its intrinsic value? How does the contemporary and modern Africa art categories compare with art from key emerging art markets? Are African art market undervalued, overvalued or fairly priced?

Also, as private wealth in Africa and globally continues to grow and become increasingly international, what tax structures should investors and collectors use to hold art collections bearing in mind their broadening their global footprint?

This first instalment of Africa Art Immersion is designed to examine, engage and enhance the perception of contemporary and modern African arts amongst institutions and corporates. With particular emphasis on African art as an asset that can deliver sustainable long-term returns.

BE PART OF ITThis immersion is by invitation only. Alternative Network (AN) members attend free. Non-AN members are subject to vetting and registration.

AUDIENCELimited places are available on a first-come, first-served basis. Please complete the form below to be considered for registration.

AAN MEMBERSHIP
The Alternative Network embraces a holistic approach to your Africa private markets strategy and is the ideal vehicle to translate your business and investment objectives into ongoing relational, intellectual and human capital support.

Be Part of It

Sponsoring this Alternative Immersion is exclusive to one partner and gives you a unique opportunity to – highlight your brand positioning, build a long-term valuable relationship, engage with a senior-level audience, demonstrate thought-leadership, and educate your marketplace.

We work with sponsoring partners to curate a programme and bring together discussion leaders that will stimulate a professional learning environment, promote knowledge-sharing; whilst leveraging unique content (video and podcast) developed during the Immersion to deploy an audience focused content marketing activation campaign.

For more information, please contact Peace Natachy at pugbajah@afri-conomie.com.